• Images

    China industrial profits shrink most since late 2011 as economy cools

    Reuters . Beijing | Updated at 12:00am on March 28, 2019

    China’s industrial firms posted their worst slump in profits since late 2011 in the first two months of this year, data showed on Wednesday, as increasing strains on the economy in the face of slowing demand at home and abroad took a toll on businesses....

  • Images

    India govt to crack down on sugar sales below floor price

    Reuters . Mumbai | Updated at 12:00am on March 28, 2019

    The Indian government has asked regional cane commissioners to take action against sugar mills selling sugar below a government-mandated price, a letter seen by Reuters showed....

  • Images

    US trade deficit narrows sharply as exports rebound

    Reuters . Washington | Updated at 12:00am on March 28, 2019

    The US trade deficit dropped more than expected in January likely as China boosted purchases of soybeans, leading to a rebound in exports after three straight monthly declines....

  • Images

    Asian LNG prices fall to near 3-yr low as buyers shun spot cargoes

    Reuters . Singapore | Updated at 12:00am on March 28, 2019

    Asian liquefied natural gas (LNG) prices this week have dropped to their lowest in nearly three years as record supply lands on global shores and high inventory levels in North Asia are curbing import demand....

  • Images

    Pakistan cenbank sees 2019 GDP growth slowing to 3.5-4pc

    Reuters | Updated at 12:00am on March 27, 2019

    Pakistan’s economic growth is set to slow to between 3.5-4.0 per cent in the 2019 fiscal year from 5.2 per cent in 2018, with a...

  • Images

    Boeing readies MAX software fix

    Reuters . Seattle/Kigali | Updated at 12:00am on March 27, 2019

    Boeing Co will provide airlines that have bought the 737 MAX with free software upgrades, the US manufacturer said on Monday, as Ethiopian Airlines told...

  • Images

    Airbus wins China order for 300 jets as Xi visits France

    Reuters . Paris | Updated at 12:00am on March 27, 2019

    Airbus signed a deal worth tens of billions of dollars on Monday to sell 300 aircraft to China, coinciding with a visit to Europe by...

  • Images

    Uber buys rival Careem in $3.1b deal

    Reuters . San Francisco | Updated at 12:00am on March 27, 2019

    Global ride-hailing firm Uber Technologies Inc will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in a competitive region ahead of a...

  • Images

    Duty waived for Jamdani components’ import

    Staff Correspondent | Updated at 12:00am on March 27, 2019

    National Board of Revenue has offered duty waiver on import of two types of yarn for Jamdani industry to facilitate the development of the sector.Customs...

  • Images

    BSEC wants permanent waiver from tax, VAT

    Mostafizur Rahman | Updated at 12:00am on March 27, 2019

    Bangladesh Securities and Exchange Commission has sought permanent exemption from paying value-added tax and income tax imposed on its earnings saying that the commission is...